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- Hydration plans to mint remaining "Growth" tokens.
- Minting now would simplify future governance for distribution.
- Full minting creates a perception of stability and transparency.
- Circulating supply would increase from 4.5B to 6.5B tokens.
- This move avoids future surprises for the community and investors.
- It supports the protocol's image and long-term health.
- The goal is to set a standard for transparency and stability.

Minting outstanding Growth allocation to fully dillute token supply on paper. 

**Summary:**

- Hydration DAO stopped farming rewards for WBTC/iBTC 2-Pool after Referendum #197.
- Hydration holds 17 WBTC in the Money Market and 34 BTC 2-Pool shares in the Omnipool.
- The proposal suggests diversifying into tBTC or cbBTC, with a preference for tBTC due to its decentralized design.
- Steps include withdrawing WBTC and BTC 2-Pool shares, adding WBTC and iBTC to the Omnipool, and diversifying into tBTC.
- tBTC is part of the Threshold Network with a $479M total supply.
- cbBTC is a Coinbase product with a $2.1B total supply.

Diversify WBTC/ iBTC holdings to alternative BTC products

**Hydration Content Creator and Community Manager Report**

- **Role:** Hydration content creator and community manager in Russian-speaking Telegram chats.
- **Period:** March 5, 2024 - September 3, 2024 (4 months).
- **Duties:**
  - Translated Hydration blog articles and newsletters.
  - Published memes and answered questions on X and Telegram.
  - Solved UX issues and translated official announcements.
  - Encouraged community participation in governance.
  - Managed FUD and false allegations.
  - Created educational content and promoted it on X and Telegram.
- **Video Production:**
  - Produced an introduction video and prepared designs for future videos.
  - Upcoming videos include guides on HDX token utility, DCA, liquidity mining, and buying HDX.
- **Time Commitment:**
  - 10 hours per week on community moderation and content creation.
  - Total hours: 96 hours over 4 months.
- **Compensation:**
  - Requested 370,441 HDX for community management, content creation, and translation.

[Tip request] JOHNM Community Manager + Content creation May-August

- More funding is suggested for stable coin borrowing.
- The current funding period has been successful.
- 95% of supplied stable coins are being borrowed.
- Demand will rise with vDOT as collateral.
- Current borrow APY is 40%, which discourages participation.
- The USDC/T stable pool has over $3 million.
- Additional funds could be used to support borrowing.
- Discussion on this proposal is welcomed.

Adding more USDC and USDT to the Borrow Supply

- A new asset called vDOT is being added to the borrowing market.
- WBTC users need to improve their account health by 0.1 because its borrowing limits are being reduced.
- vDOT will be part of a special DOT-related category, allowing better borrowing options.
- DOT’s borrowing and supply limits are increasing.
- USDT and USDC are getting small changes to how they are used.
- The proposal includes many technical steps to update the system.
- Smart contracts are already set up to make these changes happen.

Confirming

Add vDOT to borrowing and adjust risk parameters

- SubSquare helps manage Hydration, a blockchain project.
- They need money to keep it running smoothly.
- The money will pay for:
  - Checking the system every day.
  - Servers and email services.
  - Updates and fixes.
- They are asking for $8,400, which is 763,636 HDX tokens.

Hydration

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